July 12, 2023

Part 2: Maximizing Practice Value With Optimized Revenue Cycle Management (RCM) with Robert Kowalick

32 minutes

A scalable and profitable health practice relies heavily on efficient revenue cycle management. What right strategy do you need to apply in your practice in order to unlock significant value, enhance your profit margin, and create a solid foundation for lasting generational wealth? How will you create a well-structured revenue management system that can help your business not only increase its purchase price but also build solid physical therapy practice?

This week's The Dave Kittle Show episode, Dave Kittle continues his last conversation with Robert Kowalick. Robert is the founder of Revenue Cycle Solutions, LLC. His professional purpose is to help PT and OT private practice owners maximize the value of their private practice. Revenue Cycle Solutions has evolved from a billing service to a revenue cycle management partner to business intelligence data provider through its unique utilization of time based data to identify and quantify practice operational revenue risks. Through the use of the Practice Data Solutions platform he created through his other company, Ascend Solutions, they turn the medical billing process into a billing intelligence tool.

Connect with Robert via email at [email protected] or learn more on his website at https://www.certifiedrsllc.com/.

Listen to or Watch Part 1:

Apple Podcast: http://bit.ly/3PQN7c2
Spotify: https://spoti.fi/3ro6zTv
YouTube: https://youtu.be/eR6b1x2z0QE

In this episode, they will touch on such topics as:

Improving Cash Flow through Billing and Coding: The different strategies and techniques to enhance these processes, and highlighting the importance of efficient billing systems to overall business profitability.
Increasing Margin for Billing Companies: The key to boosting profit margins for billing companies lies in optimizing processes and leveraging data in strategic ways.
The Link Between Revenue Cycle and Practice Value: How timely and accurate payments play a vital role in defining the overall worth of a business.
Maximizing Revenue and Conversion Rates: The practical tips and strategies to enhance these crucial components of your business practice.

P.S. Subscribe, rate, and review Here

And, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.

Connect with him on:

Email: [email protected]

Instagram: @davekittle

LinkedIn: https://www.linkedin.com/in/davekittle/

Call (646)-781-8884

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By Dave Kittle

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